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2431 Lee Road

2431 Lee Road, Cleveland, OH 44118
Sold Jun 21, 2021
$123,000
$98,400 by Cmg Mortgage Inc
Mortgage Due Jul 01, 2051
Sold Oct 16, 2018
$109,000
Local assessors in Cleveland, OH have categorized 2431 Lee Road as a residential type of property. The home was built in 1956 and is 68 years old. It was most recently renovated and altered in 1970. The property's lot size has been calculated to be 8,250 square feet. The linear feet between the front and back of the lot was measured at 1,500 ft and the front of the lot was measured at 550 ft. Sharp-eyed aficionados of architecture will notice that the home on the property was built in a Cape Cod style. Now, let's dive a bit deeper into the details surrounding the home on the property. There are 6 rooms in the home. Of these, 3 have been legally categorized as bedrooms. For more details, please view your local government regulations on what counts as a legal bedroom. As for the restroom situation, there is one full bathroom. There is also a partial bathroom. This is a 2 story home so residents will need to have climb at least one set of stairs on a daily basis. If we look only at the heated or air conditioned part of the building, then 2431 Lee Road has a total of 1,411 sqft of living area. Note that this number does not include the square footage of the garage, basement, and/or porch into its calculations.

Curious to learn more about the home? Our team of data engineers have sourced the most up-to-date information from the local assessors office to share with you. The home sources its water from a municipal system. For water disposal, homeowners who don't want the additional responsibilities of handling a septic tank will be happy to learn that the home is connected to a storm sewage system. Though, they may have to pay additional fees to have their wastewater disposed. Additional features on the property are as follows. There is a attached garage for those who need a place to park their vehicle. The garage on the property is 252 sqft. There is only one available parking space, so if you need more, you may need to find some alternatives. Do you like to entertain? The home has both a unknown and a unknown so you'll have great options in both the front and back of the home. Moving onto specific details regarding the building. Our sources show that the building condition is average. Not only do we know the type, but we also know that the assessors have graded the quality of these control joints with a letter grade - C. The building has a gable style roof that was made of asphalt. Lots of alum/vinyl siding were used in the construction of the exterior walls of the home. Residents rely on no air conditioning for their cooling system. The home's a forced air unit is the primary heating source and it is being fueled with gas. Here at RealtyHop, we've focused a lot of our efforts into gathering up-to-date and accurate data for our users. Based on our sources, 2431 Lee Road was last sold in Jun 21, 2021 for $123,000. According to our calculations, that's $49.82 per sqft. Prior to that sales transaction, the property was sold for $109,000 in Oct 16, 2018. Current property owners are expected to pay $5,470 in taxes per year. Interestingly enough, the initial year of tax delinquency occurred in 2017. The property on 2431 Lee Road was last assessed in 2022. As a result of that assessment, the total value of the property was placed at $49,385. To break that down further, the land itself was valued at $12,110. While improvements to the property were assessed at a total of $37,275. Based on our records, the total assessed value for this property has been marked as less than the total market value as of this moment. Which is great for tax purposes. Speaking of costs, many buyers and sellers often forget to take into consideration the closing costs they may occur. Closing costs can stem from anything mortgage or property related to fees related to your property title. As you'll soon learn from our guide, fees can quickly add up hence why as a rule of thumb, we typically recommend setting aside at least 5% of the purchase price to cover potential closing costs. Don't worry, any additional you save up can always go towards your principal. Better safe than sorry!This property is not listed for sale at this point in time but RealtyHop is constantly updating our inventory of available sales listings in real time. Don't want to miss out on this property? You can save the listing to your favorites by signing up for a RealtyHop account or you can check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1956
  • Effective Year Built: 1970
  • Building Count: 1
  • Total Rooms: 6
  • Bedroom Count: 3
  • Bathroom Count: 1
  • Full Bathrooms: 1
  • Partial Bathrooms: 1
  • Bathroom Plumbing Fixtures: 5
  • Building Condition: Average
  • Building Quality: C
  • Building Style: Cape Cod
  • Exterior Walls Type: Alum/Vinyl siding
  • Roof Shape Type: Gable
  • Roof Cover Type: Asphalt
  • Floor Count: 2
  • Living Units: 1
  • Basement Type: Unspecified basement
  • Basement Area: 806
  • Garage Type: Attached
  • Garage Square Area: 252
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,250
  • Lot Size Depth Feet: 1,500
  • Lot Size Frontage Feet: 550
  • Total Building Area: 2,469
  • Gross Building Area: 2,469
  • Building Area: 1,411
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: No air conditioning
  • Heating: Forced air unit
  • Heated Square Feet: 1,411
  • Heating Fuel Type: Gas

    Utilities

  • Sewer System: Storm
  • Water Service: Municipal

Building

  • Property Class: Residential
  • Subdivision: SHAKER#1
  • Land Acres: 0.189
  • Standard Land Use Code: Single family residential
  • Legal Description 1: 13 SHAKER#1 0052 WP

Ownership

  • Current Owner : LEWIS STEPHEN ARTHUR
  • Current Owner 2: LEWIS CYNTHIA
  • Previous Owner : GREENWOOD JOAN MARIE
  • Owner Before Previous Owner: ISAACS JENNIFER
  • Owner Before Previous Owner 2: GREENWOOD ELDON JACINTH
  • Ownership Rights Codes: unknown

Neighborhood

  • School District Name: Cleveland Heights-University Heights City School District
  • School Tax School District: CLEVELAND HTS
  • Census Tract: 141601

Zoning

  • Zoning: A

Geography

  • Assessors Map Reference: 687-11
  • Parcel: 687-11-016
  • Lot: 52
  • Municipality: CLEVELAND HTS.
  • Latitude: 41.4934
  • Longitude: -81.5648

    Address

  • Full Address: 2431 Lee Rd
  • Address - House Number: 2431
  • Address - Street Name: Lee
  • Address - Suffix Type: Rd
  • State: OH
  • City Name: Cleveland
  • Carrier Code: C014
  • 4-Digit Zip Code: 4124
  • Zip Code: 44118

Valuation

    Tax

  • Total Area: 1,411
  • Tax Year: 2022
  • Tax Amount: $5,470
  • Intital Tax Deliquent Year: 2017
  • Tax Rate Code Area: CLEVELAND

    Appraisal Valuation

  • Standard Deviation: 0.0893
  • Valuation Date: Jan 27, 2024
  • Confidence Score: 88
  • Final Value: 204,000
  • High Value: 233,000
  • Low Value: 178,000

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $98,400
  • First Open Lien Mortgage Lender: CMG MORTGAGE INC
  • First Open Lien Mortgage Recording Date: Jun 21, 2021
  • First Open Lien Mortgage Loan Amount: $98,400
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Jul 01, 2051

    Market Valuation

  • Market Total Value: $141,100
  • Market Land Value: $34,600
  • Market Improvement Value: $106,500

    Assessments Valuation

  • Assessed Year: 2022
  • Assessed Total Value: $49,385
  • Assessed Land Value: $12,110
  • Assessed Improvements Value: $37,275

    Sales

  • Current Sale Contract Date: Jun 21, 2021
  • Current Sale Recording Date: Jun 21, 2021
  • Current Sale Transaction ID: 11844800083
  • Current Sale Price: $123,000
  • Current Sale Document Type: Warranty Deed
  • Current Sale Input Document Number: 202106210922
  • Previous Sale Recording Date: Oct 16, 2018
  • Previous Sale Contract Date: Oct 16, 2018
  • Previous Sale Amount: $109,000
  • Previous Sale Document Type: Quit Claim Deed

    Last Sale Mortgage

  • First Mortgage Lender: CMG MORTGAGE INC
  • First Mortgage Transaction Date: Jun 21, 2021
  • First Mortgage Loan Amount: $98,400
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Jul 01, 2051

About Cleveland Heights



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Frequently Asked Questions

What neighborhood is 2431 Lee Road located in?
The 2431 Lee Road is a located in the neighborhood of Cleveland Heights in Cleveland Heights, Cleveland.
What is the average sales price for listings in 2431 Lee Road?
The average sales price for units in 2431 Lee Road is $0 currently.

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